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167 BOARD O F G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM R-558 WASHINGTON a d d r e s s official c o r r e s p o n d e n c e to the b o a r d November 17, 1939 Dear Sir: There is attached a copy of the report of expenses of the main lines of the Federal Reserve Leased Wire System for the month of October 1939. Please credit the amount payable by your bank to the Board, as shown in the last column of the statement, to the Federal Reserve Bank of Richmond in your daily statement of credits through the Interdistrict Settlement Fund for the account of the Board of Governors of the Federal Reserve System, and advise the Federal Reserve Bank of Richmond by mail the amount and purpose of the credit. Very truly yours, 0. E. Foulk, Fiscal Agent. Enclosure TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS EXCEPT RICHMOND 168 R-558-a REPORT OF EXPENSES OF MAIN LINES OF FEDERAL RESERVE LEASAD WIRE SYSTEM FOR THE MONTH OF OCTOBER. 1959 Words Sent by N. Y. Chargeable to Other F.R. Banks Total Words Chargeable Pro Rata Share of Total P'.xpenses (1) Expenses Paid by Banks and Board(2) Payable to Board of Governors 543 549 549 26,934 82,695 18,966 59,280 554.40 1,640.70 576.50 779.55 274.10 1,028.36 246.56 252.86 260.30 612.34 129.94 546.49 28,544 44,620 69,855 44,995 542 541 773 541 29,086 45,161 70,628 45,554 577.09 896.04 1,401.32 905.44 236.35 244.53 1,264.25 290.49 340.74 651.51 137.07 612.95 21.584 47,708 36,706 46,248 541 541 541 548 22,225 48,2.49 57,247 46,796 440.96 957.30 759.01 928.48 203.13 275.06 282.95 359.34 257.85 684.24 456.08 559.14 257,140 5,101.89 10,530.52 Federal Reserve Bank Number of Words Sent Boston New York Philadelphia Cleveland 26,591 82,693 18,417 58,731 Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Board of Governors 257,140 Total 765,750 —* 6,209 769,959 #15,276.28 $15,276.28 — #5,228.65 (1) Based on cost per word (#.019840896) for business handled during the month. (2) Payments by banks are for personal services and supplies and payments by Board are for personal services and supplies (#1,601.72) and wire rental ($8,728.80). Personal services include salaries of main line operators and of clerical help engaged in work on main line business, such as counting the number of words in messages; also overtime and supper money and Retirement System contributions at the current service rate.
@FedFRASER